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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

Bullboard Posts
Comment by PUNJABIon Sep 26, 2012 10:27am
197 Views
Post# 20415449

RE: RE: RE: CCO leading the U sector decline

RE: RE: RE: CCO leading the U sector decline

There is lot BS going on in the media & by analysts / institutional investors  plus the U companies are hyping the sector. Investors that are holding the bag are pumping the sector & painting a rosy picture. .

 

The reality is.

 

U prices are now at $47 they have been slipping after being stagnant around $52. CCO & UUU holding huge inventories. Coming CCO results very important. If their is no drop in inventories then there is more trouble in U sector & U prices will drop further. do you think that U stocks will go up when U308 prices are dropping. ?

 

CCO is getting oversold there might be a oversold trade. Not buy & hold until you see drop in inventories & reversal in u308 prices.

 

If overall markets take a run then there will be some hope. U stocks are going to under perform. If there is a overall market sell off watch out.

 

CCO just hit new intra day low of $19.29. Maybe consider oversold trade

Bullboard Posts